# Transfer funds

{% hint style="info" %}
**Deposits and withdrawals on&#x20;**<mark style="color:orange;">**Binance**</mark>**&#x20;are fee-free!**

When you deposit/withdraw to **Binance**, there is no network fee regardless of which network you choose. This is because the deposit and withdrawal between Binance and SmashFi use an off-chain transfer method. The differences between networks mainly affect the minimum withdrawal amount.
{% endhint %}

* To withdraw on SmashFi, you need to [`whitelist the withdrawal address.`](https://how.smashfi.me/transfer-funds/withdrawal-address-whitelisting) This is to enhance security by ensuring that withdrawals can only be made to addresses you have specifically registered. To complete the whitelisting process, [`2FA must be enabled.`](https://how.smashfi.me/my-profile/set-up-two-factor-authentication-2fa)
* The minimum/maximum deposit and withdrawal quantity standards for each coin follow the policies of each exchange.